Check out the companies making headlines in premarket trading. Micron Technology — Shares ticked up roughly 1.1% after Bank of America increased its price target on the chipmaker, with the analyst forecasting high-bandwidth memory technology demand will grow to more than $20 billion by 2027. 3M — Shares of the manufacturer rose nearly 3% Monday.
4% on the back of a Wells Fargo upgrade to overweight from equal weight. Wells Fargo expects the company to turn a corner soon and says the stock is priced at a good entry point for investors. Delta Airlines — Shares climbed about 2% after Morgan Stanley named the Atlanta-based airline stock a top pick for 2024. The firm said Delta's push into more premium offerings will help it outperform peers.
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